Heartbeet Lifesharing Corporation

“Annie jackson is the daughter of judith jackson”

“The finance committee will review the 990 and then send out a copy to all board members via email.”

“The board approved a conflict of interest policy effective october 26, 2012. All employees, management and the board of trustees are required at any point in time to communicate a conflict of interest (family/business relationship) to the board. The board will review the potential conflict and determine if material. If the relationshipe falls among the board and is considered material, then the trustee with the conflict will not be allowed to vote in regards to the matter.”

“The executive director and finance director's compensation are established when developing the budget. At time of budget approval of the finance committee and entire board the salaries are approved.”

“The form 990 and form 1023 are made available upon each individual request that is received.”

“The organization makes its governing documents and financial statements available to the general public upon each individual request.”

“In fiscal year june 30, 2024, the organization recognized income from the forgiveness of debt totalling $258,350. This forgiveness was part of a negotiated agreement with positive transitions, llc, who agreed to forgive the oustanding balance of our loan due to investment into programs and operations, re-opening a closed residence, hiring new staff, and construction of a new residence. The decision to forgive this debt was made after a comprehensive review of the organization's financial situation and strategic needs, and it was formalized thorugh an agreement dated december 22, 2023. The forgiveness has allowed the organizion to redirect funds towards mission-critical programs and stabalize its financial position. The forgiven amount is reported as 'other revenue' in part viii, statement of revenue, line 11a. This adjustement is expected to improve the organization's liquidity and support its ongoing efforts in our initiatives. The organization remains commited to maintaining transparency in financial reporting and ensuring compliance with all applicable accounting standards and irs regulations.”

“Heartbeet is a vibrant lifesharing community that includes adults with developmental disabilities and interweaves the social and agricultural realms for the healing and renewing of our society and the earth. Community members live and work together, in beautiful extended family households, forming a mutally supportive environment that enables each individual to discover and develop his or her unique abilities and potential. The guiding thoughts and ideals of heartbeet flow from the spiritual woldview known as anthroposophy, as developed by rudolf steiner. While anthroposophy is not a religion, it teaches the significance of the new spiritual impulse that came to humanity through christ, and the need for people to take this impulse of love into their individual and social lives, and into their relation to nature. We try to cultivate a mood of reverence and inner peace together. The aim of spirituality in the community is to stimulate all members of the community to feel responsible for their own moral development toward greater harmony and good on earth, regarless of religious affiliation or disability.”

“Stipends: $22,896 program service expenses $ 0 management and general expenses $ 0 fundraising expenses $22,896 total expenses”